Technology

According to the report of Zhongwai News Agency in South Korea, the famous Korean ginseng brand “Di Qi Ren (Human of Earth Energy)” is entering Shanghai duty-free shops in China this year. Mr.YIN Zhongyuan, the representative of the company, introduced the ginseng products, saying that there are about 32 effective components in Ginsenoside, the main ingredient of Korean red ginseng. The continuous research results of the scholars have not only explained the chemical structure of the ginseng, but also proved its pharmacological activeness. In particular, Korean red ginseng has excellent effects in anti-cancer, anti-oxidation and cholesterol lowering. But “Di Qi…

This year, Hong Kong’s Chief Executive Mrs Carrie Lam spoke at the Emerging Markets Outlook session of the World Economic Forum (WEF) Annual Meeting  in Davos, Switzerland, together with other high-ranking speakers, among them Mr Berat Albayrak, Minister of Treasury and Finance of Turkey and Mr Guido Sandleris, Governor of the Central Bank of Argentina. Mrs Lam said that developed economies and emerging market economies alike should forge closer economic co-operation, with a view to unlocking new growth opportunities. On her five-day visit to Switzerland, Mrs Lam also met government officials and the business community. Accompanied by Hong Kong’s Financial…

New Archaeological Findings Tracing 9000-Year Old Domestic Pigs in China   The beginning of February, 2019 saw exciting archaeological discoveries and studies in China that the countrywas one of the earliest places in the world to domesticate pigs about 9,000 years ago. “Our research confirms that pig bones excavated from the Jiahu （贾湖）relic site in Wuyang （舞阳）County, central China’s Henan Province, date back 9,000 years and belong to domestic pigs,” said Yuan Jing, a researcher with the Institute of Archaeology under the Chinese Academy of Social Sciences. Foreign scholars have found remains of domestic pigs from around the same period…

In the Spanish Inquisition, people who did not accept the rigid precepts of the ruling church were brutally persecuted and eliminated with the purpose of preserving the prevailing orthodoxy. Today, things are a bit less gruesome, but people are still willing to attack each other viciously based on difference of opinion about what should be the rules. Mind you, in recent times we had to grapple with new phenomena in the media that made us doubt not only what is true and what not, but even what truth itself actually is. In this case, the debate is about what should…

Kenneth Rogoff, professor of economics and public policy at Harvard University, was also the chief economist of the IMF from 2001 to 2003. In early October, he wrote an article about Bitcoin which showed enough insight to the matter. In the article, he observed that “China’s government, concerned about the use of Bitcoin in capital flight and tax evasion, has recently banned Bitcoin exchanges. Japan, on the other hand, has enshrined Bitcoin as legal tender, in an apparent bid to become the global centre of fintech. The United States is taking tentative steps to follow Japan in regulating fintech, though…

What is Blockchain? What is the “Byzantine” problem in relation to Blockchain Technology? In which way is this technology helping human beings gain trust in health care and more? Read the brilliant article by Sascha Mundstein. Blockchain technology is a unique and unexpected combination of three subject areas: Internet, cryptography and game theory. The first two of these disciplines are obvious: Blockchain works over a decentralized peer-to-peer network on the Internet, and encryption technologies are known to play an important role in ensuring the authenticity of data. But what about the game theory? And what does this have to do…